The New Arab Logo

Breaking News
Kuwait's parliament approves extra $500m for Eurofighter jets Open in fullscreen

The New Arab & agencies

Kuwait's parliament approves extra $500m for Eurofighter jets

Kuwait had agreed to buy 28 Typhoons in a deal worth 7-8 billion euros [Getty]

Date of publication: 2 March, 2016

Share this page:
  • 0

  • twitter
Kuwait's parliament has approved a draft law allowing the government to make an advance payment of $500 million as part of a Eurofighter jets deal agreed last year.

Kuwait's parliament has approved a bill allowing the government of the oil-rich Gulf state to spend an additional $500 million on buying Eurofighter "Typhoon" warplanes.

The new funding comes on top of $10 billion additional defence spending already approved by parliament in January to upgrade the country's military.

Defence Minister, Sheikh Khaled Jarrah al-Sabah, told MPs the $10 billion will be spent over the next 10 years, while the new funds will be used as an advance payment for the jets.

The Eurofighter consortium said in September that Kuwait had agreed to buy 28 Typhoons in a deal worth 7-8 billion euros ($8-9 billion).

The extra funds will be withdrawn from state reserves.

The emirate is a member of the US-led coalition that has been bombing Islamic State [IS] group targets in Syria and Iraq since last year, and is also taking part in a Saudi-led coalition pounding the Houthi rebels in Yemen.

Also in November, Kuwait signed 2.5 billion euros ($2.8 billion) worth of fixed and provisional military deals led by the purchase of 24 Airbus-built Caracal helicopters.

Paris said Kuwait would buy the helicopters for one billion euros, with an option for a further six.

Other deals included the provision of French light armoured vehicles and patrol boat maintenance.

The New ArabComments

Most Popular

Most Popular

    Read More